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JAMB Commerce 2021 Objective — Question 21

Question 21 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2021 Objective paper, with the correct answer and a full explanation.

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21. Commercialisation is the act of a. Selling public enterprises to private bodies b. Making public enterprises profitable c. Subscribing for shares d. All of the above

  • A. Selling public enterprises to private bodies
  • B. Making public enterprises profitableCorrect
  • C. Subscribing for shares
  • D. All of the above

Explanation

Commercialisation is the act of making public enterprises run profitably, unlike privatisation which involves selling them to private owners.

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